Port Glasgow

Area Guide For Port Glasgow

Port Glasgow is the second biggest town in the Inverclyde committee zone of Scotland. The populace as indicated by the 1991 registration for Port Glasgow was 19,426 persons and in the 2001 statistics was 16,617 persons. It is placed promptly to the east of Greenock and was already a burgh in the previous area of Renfrew.

The town was initially named Newark however because of boats not having the capacity to make it as far as possible up the shallow waterway Clyde it was shaped as a port for adjacent Glasgow in 1668 and got to be Port Glasgow in 1775. Port Glasgow was home to dry docks and shipbuilding starting in 1762.

 
 

Port Glasgow Map

Estimated Price: £118,540
Average Asking Price: £138,455
Price change in last one year: £3,557
Average Price Paid: £98,076
Average Rent Rates: £701

 
 

Property Prices Breakdown in Port Glasgow

Average Price for property in Port Glasgow is around £118,540 which varies based on type of property you are interested in and ranges from £313,655 for detached house to around £114,609 for semi-detached. Similarly terraced house is around £99,474 and a flat is worth £101,663. Values have been changing and have risen £961 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,585 in last 6 months, £3,557 in last 1 year, £10,724 in last 2 years, £5,459 in last 3 years, £8,538 in last 4 years and £6,606 in last 5 years.

Currently average asking price of a property in Port Glasgow is around £138,455 based on approximately 141 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £701 per month.

Estimated property value in Port Glasgow is £118,540. Average asking price is £138,455 while average price paid is £105,038 which is up by £3,557 and Avg. asking rent £701.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Port Glasgow area. In last 1 year alone average price buyer paid is around £105,038 based on approximately 141 sales in Port Glasgow area alone. If you compare it to last 3 years sales of 395 properties where buyers paid around £96,681. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £98,076 for 624 and average amount paid for purchase of approx. 1,087 properties sold in last 7 years comes to about £96,118 per sale.

 
 

Properties For Sale in Port Glasgow

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £57,000, £102,318 for a 2 bedroom house, £127,571 for a 3 bedroom house, £317,500 for a 4 bedroom house and £443,332 for a 5 bedroom house. For a flat similarly the prices varies from £54,600 for a single bedroom to £67,095 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £111,707. To sum up the asking prices for properties in Port Glasgow it comes to around average £54,818 for 1 bedroom property, £79,203 for 2 bedroom, £123,300 for 3 bedroom, £317,500 for 4 bedroom and £443,332 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £637 for 2 bedroom to £1,200 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £620. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £576. You should be generally be expecting around average £627 rent per month for 2 bedroom property, £576 for 3 bedroom and approximately £1,200 for 4 bedroom property in Port Glasgow area.

Popular Houses in Port Glasgow

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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